Toronto, Ontario--(Newsfile Corp. - July 30, 2014) - Tartisan Resources Corp.
(CSE: TTC) ("Tartisan", or the "Company") reports that pursuant to an
exemption applied for by the Company and granted by the Canadian Securities
Exchange ("CSE") that the Company has extended the term of 1,500,000 warrants
that were issued as part of a non-brokered private placement unit offering which
closed on July 30, 2013. The warrants were due to expire on July 30, 2014.
The term of the warrants from said unit offering is extended
for a period of one year from the original expiry date until July 30, 2015; the
exercise price of the warrants (15 cents per share) remains unchanged.
Tartisan and its option partner Eloro Resources Ltd. continue to prepare for the commencement of exploration at La Victoria
Property in Ancash, Perú. La Victoria is located within 50 km of several
producing mines including: La Arena owned by Rio Alto Mining Ltd.,
Lagunas Norte (Alto Chicama) owned by Barrick Gold Corporation and
Santa Rosa owned by Compañia Minera Aurífera Santa Rosa (COMARSA). Rio Alto has
also recently struck a merger deal with Sulliden Gold Corp. Ltd. which
should accelerate putting Sulliden's Shahuindo gold deposit, also in the
vicinity, into production.
Previous work has concluded that La Victoria possesses
excellent potential for finding high-grade oxide and sulphide epithermal Au-Ag
vein systems and low-grade, large-tonnage, disseminated Cu-Au-Ag (porphyry-type)
mineralization.
Tartisan Resources Corp. common shares are listed on the
Canadian Securities Exchange (CSE). Currently, there are 35,358,882 shares
outstanding (40,421,739 fully diluted).
For further information, please contact Mr. D. Mark Appleby,
CEO and a Director of the Company, at 416-804-0280 (mark@tartisanresources.com),
Mr. John M. Siriunas, P.Eng., Director, at 416-710-9392
(john@tartisanresources.com) or Mr. Phillip Shum, Investor Relations (Ubika
Corp.) at 647-352-0687 (phillip@ubikacorp.com). Additional information about
Tartisan can be found at the Company's website at
www.tartisanresources.com or on SEDAR at www.sedar.com.
This news release may contain forward-looking statements
including but not limited to comments regarding the timing and content of
upcoming work programs, geological interpretations, receipt of property titles,
potential mineral recovery processes, etc. Forward-looking statements address
future events and conditions and therefore, involve inherent risks and
uncertainties. Actual results may differ materially from those currently
anticipated in such statements.
The Canadian Securities Exchange (operated by CNSX Markets
Inc.) has neither approved nor disapproved of the contents of this press
release.
Not for distribution to U.S. news wire services or
dissemination in the U.S.
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